Questions

Retirement - where to live?

I live in south California, can't stand expensive living cost, plan to move abroad after retirement, after long search, I feel Spain and Thailand seem affordable, then I found out move abroad does not give me much saving, maybe maximum 20% saving. I don't think it is worth to move abroad, to dump everything and start new life is very difficult. Maybe I should move out the city, live in suburb, countryside, I plan to buy a farm for residual income, and still be connected to city's culture, and I will be flexible to travel. May I hear your comment?

4answers

It is very difficult to start a new life. Deciding to start new life is challenging, but it's also something that can be incredible for your future if you do it correctly.

Go to Spain or Thailand because you will be able to afford it Living in less costly areas can enable you to spend less and to invest more of your income.


Answered 7 months ago

I feel that Spain and Thailand should be cheaper than what you've projected. Feel free to contact me as I live near Spain and can give you more specifics on cost of life, etc. Additionally, my parents were looking at moving to Valencia during retirement so I have quite a lot of knowledge as to how much it'd cost vs where I'm from (Miami)


Answered 6 months ago

Thailand or vietnam are great places to live to save on living costs. To raise your income you can get a remote job as well from a work from home job board like <a href='https://workremotenow.com/'>Work Remote Now!</a>


Answered 7 months ago

Norway ranks first as the best country for retirement in this study, helped by top scores in health and material well-being. For health metrics, Norway was one of the few countries to see life expectancy improve over the pandemic. It now sits at 83.3 years at birth, and is one of the highest rates in the world


Answered 7 months ago

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